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NGLs Week

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NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.

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US PET imports up 27% in August; surge from Taiwan,  Pakistan

HOUSTON, October 5, 2016 (PCW) -- US imports of packaging grade PET totaled 55,837 metric tons in August, up 27% or by 12,790 mt from August 2015, the latest USA Trade Online data show.

For all 2015, imports totaled 593,318 mt valued at $695.5 million.

Imports from Taiwan, the second largest source after Mexico, totaled 9,377 mt, up 98% or 4,652 mt from August 2016. Imports from Brazil at 4,312 mt were up 336% or 3,322 mt, and from Pakistan they totaled 5,468 mt, up 224% or 3,783 mt from August 2015.

Imports from Mexico in August totaled 17,013 mt--30% of the total--and were up 16% or 2,380 mt, from August 2015. Imports in August came from 21 countries. -- Xavier A Cronin

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